Business litigation services – Selagy Law http://selagylaw.com/ Tue, 11 Jan 2022 08:38:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://selagylaw.com/wp-content/uploads/2021/10/icon-1-120x120.png Business litigation services – Selagy Law http://selagylaw.com/ 32 32 Nemphos Braue Strengthens Growing Practice with Addition of Intellectual Property Lawyer Michael Antone, Joining Firm Founded by George Nemphos and Tim Braue https://selagylaw.com/nemphos-braue-strengthens-growing-practice-with-addition-of-intellectual-property-lawyer-michael-antone-joining-firm-founded-by-george-nemphos-and-tim-braue/ Tue, 11 Jan 2022 08:38:40 +0000 https://selagylaw.com/nemphos-braue-strengthens-growing-practice-with-addition-of-intellectual-property-lawyer-michael-antone-joining-firm-founded-by-george-nemphos-and-tim-braue/ BALTIMORE, MD, Jan. 11, 2022 / 24-7PressRelease / – To meet the growing demand for intellectual property (IP) services, Nemphos Braue LLC announces the latest addition to its law firm, U.S. patent attorney Michael Antone. With over 20 years of experience, Mr. Antone will be Of Counsel at Nemphos Braue, where he will join a […]]]>

BALTIMORE, MD, Jan. 11, 2022 / 24-7PressRelease / – To meet the growing demand for intellectual property (IP) services, Nemphos Braue LLC announces the latest addition to its law firm, U.S. patent attorney Michael Antone. With over 20 years of experience, Mr. Antone will be Of Counsel at Nemphos Braue, where he will join a roster of accomplished lawyers to help clients protect their intellectual property assets.

The premier Mid-Atlantic law firm, Nemphos Braue and his attorneys leverage the experience of a large firm to serve clients in a variety of industries including healthcare, technology, manufacturing and more. Regardless of the industry, the protection of brands, content, inventions and trade secrets continues to be of the utmost importance to businesses of all sizes and at all stages – startups and newly formed companies. new product lines and brands of established companies. “In many ways, your intellectual property IS your business,” says Antone.

“Whether it’s developing innovative software or manufacturing consumer goods with proprietary details, intellectual property protection is paramount,” said co-founder and managing member George Nemphos. “Michael’s deep expertise will allow us to serve a growing list of clients with the level of customer service they expect from us – and deserve. “

Well versed in a wide variety of business and corporate law issues, Mr. Antone has extensive experience working in large law firms, corporate and venture capital firms, as well as managing a law office. He has worked with clients in a variety of industries ranging from communications equipment and software to online retail. He is also a professional engineer, licensed in Pennsylvania.

Mr. Antone also brings a perspective as a private equity investor with C-Suite leadership experience. He was previously a partner at Grande Ventures, LLC, a private venture capital fund that has invested in various hardware and software technologies. including automation and controls, parallel and virtual computer software, radar, combustion technology, mobile phone technology and optical communications. He was a board member of several portfolio companies and CEO of the automation and control company during a management transition.

As a senior intellectual property advisor at Corvis Corporation, a venture capital-backed telecommunications equipment start-up that went public and was subsequently acquired by Level 3 Communications (LVLT), Mr. Antone managed all aspects of the company’s intellectual property, including the preparation and prosecution of patents. , litigation of patents, licenses, transactions, opinions and was part of the management team. While at Corvis, he was also promoted to Senior Vice President of Research and Development and Manufacturing, in addition to his role as Senior Intellectual Property Advisor.

Mr. Antone was a patent attorney at the law firm Kirkpatrick & Lockhart (now K&L Gates), where his practice focused on patent and trademark preparation and prosecution, opinions, transactions and litigation support. , working in fields such as software, metallurgy, materials science, semiconductor manufacturing, optics, optical communications, medical devices and mechanical systems.

Leveraging his engineering degree, Mr. Antone was a Senior Engineer at Westinghouse Electric Corporation, where he developed mathematical models and software to perform thermal-hydraulic and material performance analyzes of electrical systems and predictive modeling. He and his colleagues received the Westinghouse Signature of Excellence Award for this work, which has saved millions of dollars each year in operational downtime.

Mr. Antone holds a JD from Duquesne University and a Masters in Chemical Engineering from the University of Pittsburgh.

He is licensed to practice in the United States Patent and Trademark Office, Pennsylvania, and the Western and Eastern United States District of Pennsylvania. Mr. Antone is not admitted to Maryland or other jurisdictions.

ABOUT NEMPHOS BRAUE LLC
Founded in 2016 by George Nemphos and Tim Braue, Nemphos Braue LLC is an innovative law firm committed to creating legal and business value for its clients by fostering true strategic partnerships. Combining the expertise of a large firm with the flexibility and creativity of a specialist firm, Nemphos Braue lawyers have a proven track record in all areas of corporate and business law and have expertise in sectors ranging from technology, from food and beverage and health care to real estate, manufacturing and telecommunications. Its subsidiary, Old Line Government Affairs, LLC, represents clients on complex issues before the executive and legislative branches of state and local government. www.nemphosbraue.com

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5 Best Medical Malpractice Lawyers in St. Louis, MO https://selagylaw.com/5-best-medical-malpractice-lawyers-in-st-louis-mo/ Sun, 09 Jan 2022 07:18:38 +0000 https://selagylaw.com/5-best-medical-malpractice-lawyers-in-st-louis-mo/ Below is a list of the top medical malpractice lawyers in Saint-Louis. To help you find the best medical malpractice lawyers located near you in Saint-Louis, we’ve put together our own list based on this checklist. Top St. Louis Medical Malpractice Lawyers: The top rated medical malpractice lawyers in St. Louis, MO are: Morgan & […]]]>

Below is a list of the top medical malpractice lawyers in Saint-Louis. To help you find the best medical malpractice lawyers located near you in Saint-Louis, we’ve put together our own list based on this checklist.

Top St. Louis Medical Malpractice Lawyers:

The top rated medical malpractice lawyers in St. Louis, MO are:

  • Morgan & Morgan – devote their service to providing excellent legal representation to their client.
  • Simon Law Firm, PC – offers systematic legal approaches that are equally effective and reliable.
  • Hoffman & Gelfman Attorneys, PC – is a full-service legal firm that guarantees its clients excellent litigation.
  • Brown and Crouppen Law Firmoffer excellent legal representation to their client at reasonable rates.
  • Sansone & Lauber – aims to provide its clients with stress-free legal services and help them get back on track.

Morgan & morgan

Aggressive Medical Malpractice Lawyers in Saint-Louis

Morgan & morgan devote their service to providing excellent legal representation to their client. In addition, their company has polite staff who help their clients process documents and help them in any way they can. In addition, they have a professional team of licensed legal experts who promise their clients the best possible outcome. Plus, their business has been in business for over 30 years, making them one of the reputable law firms in the community. Then, their attorneys provide in-depth consultations to effectively meet the individual legal needs of their clients. Finally, their areas of practice include traffic accidents, medical malpractice, neglect and many more.

Products:

legal assistance, personal injury litigation

SITE:

Address: 200 N Broadway Suite 720, St. Louis, MO 63102
Telephone: (314) 955-1030
Website: www.forthepeople.com

COMMENTS:

“Best lawyers in the country !! I highly recommend Morgan and Morgan, I would never look to another law firm. Everyone at Morgan and Morgan goes above and beyond to make sure they are giving their clients the care they need !!! They go above and beyond, respond in a timely manner. – Amanda Wells-Dodge

The law firm Simon, PC

Preferable medical malpractice lawyers in Saint-Louis

The law firm Simon, PC offers systematic legal approaches that are equally effective and reliable. Then, this company has an active customer support department who gladly schedule appointments with their lawyers and respond to inquiries about their services. In addition, this law firm has obtained over a billion verdicts and settlements, making it one of the reputable legal firms in the community. Their areas of practice include medical malpractice, personal injury, intellectual property and more. Finally, this company has friendly staff who assist its clients in filing their legal documents and filing legal files.

Products:

legal assistance, personal injury litigation

SITE:

Address: 800 Market St Suite 1700, St. Louis, MO 63101
Telephone: (314) 241-2929
Website: simonlawpc.com

COMMENTS:

“Highly recommend! My husband and I needed help with some legal issues after we had an accident where I was not at fault. A close friend of ours recommended Mary Simon as a contact person who could help us out. understand all things legal! ”- Neisha Goodson

Hoffman & Gelfman Attorneys, PC

Hoffman & Gelfman Attorneys, PC is a full-service legal firm that guarantees its clients excellent litigation. This law firm provides in-depth consultations to effectively join and identify the individual legal needs of its clients. In addition, this company has a responsive customer support service that helps clients arrange appointments with their attorneys and responds to inquiries regarding the scope of their service. In addition, their company has been in the industry for over 50 years, making them reliable legal companies. In addition, they offer personalized legal strategies that are just as effective, guaranteeing their clients the best possible outcome of their cases.

Products:

legal assistance, personal injury litigation

SITE:

Address: 133 S 11th St # 310, St. Louis, MO 63102
Telephone: (314) 241-1020
Website: www.avocat.com

COMMENTS:

“Steve was the best. The process turned out to be effortless for me. I was very satisfied with my payment, which was above the average offered on my type of file. Thank you very much guys! ” – Denise Gaston

Brown and Crouppen Law Firm

Trusted lawyers for medical malpractice in Saint-Louis

Brown and Crouppen Law Firm offers excellent legal representation for their client at reasonable rates. Second, this company has been fighting for its clients since 1979, making them reliable yet aggressive legal experts in the community. In addition, they have a team of tenacious lawyers with extensive experience and skills in developing effective legal strategies for their clients. Their law firm has an online reservation service where clients can personally schedule appointments with their lawyers using their smartphones and gadgets. Finally, in-depth consultations are offered to effectively meet and identify individual client needs.

Products:

legal assistance, personal injury litigation

SITE:

Address: 211 N Broadway Suite 1600, St. Louis, MO 63102
Telephone: (314) 501-9510
Website: www.brownandcrouppen.com

COMMENTS:

“Brown & Crouppen are a very respectable team. Very responsive and great attention to detail. I would not hesitate to recommend them if you are looking for a personal injury lawyer.
I like “- Phil Pierce

Sansone & Lauber

Exceptional medical malpractice lawyers in Saint-Louis

Sansone & Lauber aims to provide its clients with stress-free legal services and help them get back on track. In addition, this law firm has a wide range of areas of legal practice which vary from traffic accidents, medical malpractice, negligence and many more. In-depth discussions are provided to promptly address the respective legal concerns of its clients, ensuring that their legal disputes are resolved in no time. Second, this legal firm has an aggressive team of legal specialists who promise their clients practical legal approaches and flawless legal representation. Finally, an online reservation service allows customers to make a personal appointment with them.

Products:

legal assistance, personal injury litigation

SITE:

Address: 7777 Bonhomme Ave # 2100, St. Louis, MO 63105
Call: (314) 863-0500
Website: www.missourilawyers.com

COMMENTS:

“Hey, my name is Carlos Hannah, I’m a customer of Ben, he’s a great guy in his craft business. My overall experience is a satisfactory 5 star.” – Carlos Hannah


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Alan C. Young and Van Conway form Young Conway https://selagylaw.com/alan-c-young-and-van-conway-form-young-conway/ Wed, 05 Jan 2022 17:20:56 +0000 https://selagylaw.com/alan-c-young-and-van-conway-form-young-conway/ Alan C. Young and Van Conway, two Detroit-area finance professionals with their own companies, have announced a joint venture called Young Conway Group that will be based in Detroit. // Image bank Alan C. Young and Associates in Detroit, one of the nation’s largest minority-owned chartered accountancy firms, and Van Conway and Partners, a financial […]]]>
Alan C. Young and Van Conway, two Detroit-area finance professionals with their own companies, have announced a joint venture called Young Conway Group that will be based in Detroit. // Image bank

Alan C. Young and Associates in Detroit, one of the nation’s largest minority-owned chartered accountancy firms, and Van Conway and Partners, a financial and business advisory firm in Birmingham, have formed a joint venture called Young Conway Group (YCG).

The new company is a certified minority commercial enterprise that provides a full range of financial services including turnaround and restructuring, dispute resolution and investigations, merger and acquisition advice, litigation support / expert witness services , transaction services, valuation advice, improvement of corporate profits, trust services, capital formation and debt services.

“Van is a longtime colleague and friend and is recognized nationally as a leading expert in financial management and turnaround consulting,” said Alan C. Young, President and CEO of the new venture. “As a combined company, we have broadened the range of services and depth of expertise we bring to the market as we navigate this critical era in which virtually all industries experience rapid change.”

YCG will focus on providing services to clients in the automotive industry, the higher education industry, the public and municipal sectors, the public and private enterprise sectors, the banking sector and the legal profession.

“I am also delighted to have joined Alan in this new company. Alan and I strongly believe in a diversity of backgrounds, experiences, opinions and viewpoints as the best path to a sustainable business and client confidence in our work, ”said Van E. Conway, chairman of the new firm. .

“Our combined vision is to be the leading financial and national minority business advisory firm (which will be) as unique and diverse as the clients we serve. We have the power to transform lives, businesses and communities through the power of personal relationships and professional advice. “

YCG employs over 50 people and is based in Detroit. Rajeev Shah as COO, Molly Conway as Executive Director and Aaron C. Young as Project Manager join Young and Conway on the leadership team.

The company is headquartered at 7310 Woodward Ave. Suite 740B. For more information, Click here.


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INVESTOR ALERT: Kirby McInerney LLP reminds investors that a class action lawsuit has been filed on behalf of investors in Berkeley Lights, Inc. (BLI) and encourages investors to contact the company by February 7, 2022 https://selagylaw.com/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-on-behalf-of-investors-in-berkeley-lights-inc-bli-and-encourages-investors-to-contact-the-company-b/ Mon, 03 Jan 2022 19:06:00 +0000 NEW YORK–(COMMERCIAL THREAD) – The law firm of Kirby McInerney LLP remind investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Berkeley Lights, Inc. (“Berkeley Lights” or the “Company”) (NASDAQ: BLI) ordinary shares from July 17, 2020 to […]]]>

NEW YORK–(COMMERCIAL THREAD) – The law firm of Kirby McInerney LLP remind investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Berkeley Lights, Inc. (“Berkeley Lights” or the “Company”) (NASDAQ: BLI) ordinary shares from July 17, 2020 to September 14, 2021 inclusive (the “Recourse Period”). Investors have until February 7, 2022 to apply to the court to be named lead plaintiffs in the lawsuit.

Berkeley Lights is a biotechnology company that owns and operates a proprietary cellular data analysis and processing platform for use in the development and commercialization of biotherapeutics and other cell-based products, with a focus on the antibody therapy, cell therapy and synthetic biology markets.

On September 15, 2021, the research analyst firm Capital of Scorpio released a scathing investigative report, titled “Fleecing Customers And IPO Bagholders With A $ 2 Million Black Box That’s A Clunker, While Insiders and Silicon Valley Bigwigs Race To Dump Stock.” Just another VC pump at 27X sales. Target Price: $ 0, ”which criticized Berkeley Lights ‘technology and questioned the sustainability of Berkeley Lights’ most important business relationships and its business growth plan. Although Capital of Scorpio stated that it was Berkeley Lights, the information in the Capital of Scorpio The report was allegedly based on in-depth proprietary research and analysis, including 24 research interviews with former Berkeley Lights employees, industry scientists, and end users from 14 of Berkeley Lights’ largest customers. Among other findings, the report referred to a “trail of customers who claim to have been ‘cheated’, misled, or over-promised into purchasing a $ 2 million lemon” and concluded that ” the reality is so far removed from the awe-inspiring BLI hype that we believe its product claims and practices may constitute outright fraud. Following this news, Berkeley Lights’ share price fell $ 6.14 per share, or about 18.74%, from $ 32.76 per share to close at $ 26.62 per share on the 15th. September 2021.

The lawsuit alleges throughout the period of the action, the defendants made false and / or misleading statements and / or failed to disclose that: (i) Berkeley Lights’ flagship instrument, the Beacon, suffered from numerous flaws design and manufacturing, including failures, high error rates, data integrity issues and other issues, limiting the ability of biotech companies and research institutes to consistently use machines on a large scale ; (ii) Berkeley Lights had received numerous customer complaints regarding the durability and efficiency of Berkeley Lights automation systems, including design and manufacturing complaints; (iii) the actual market for Berkeley Lights products and services was only a fraction of the $ 23 billion that investors represented due, among other things, to the relatively high cost of Berkeley Lights instruments and consumables and its inability to provide the sustained performance necessary to justify these high costs; and (iv) accordingly, the Defendants’ representations to investors during the Class Period regarding the business, operations and financial results of Berkeley Lights were materially false and misleading.

If you have purchased or acquired securities of Berkeley Lights, have any information or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP by e-mail at investigations@kmllp.com, or by completing this Contact form, to discuss your rights or interests in these matters at no cost to you.

Kirby McInerney LLP is a New York-based law firm specializing in securities, antitrust, whistleblower and consumer litigation. The company’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm is available on the Kirby McInerney LLP website: http://www.kmllp.com.

This press release may be considered an attorney’s advertisement in certain jurisdictions under applicable law and ethical rules.


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ODP Company Announces Sale of CompuCom Subsidiary in $ 305 Million Transaction https://selagylaw.com/odp-company-announces-sale-of-compucom-subsidiary-in-305-million-transaction/ Fri, 31 Dec 2021 21:30:00 +0000 https://selagylaw.com/odp-company-announces-sale-of-compucom-subsidiary-in-305-million-transaction/ BOCA RATON, Florida – (COMMERCIAL THREAD) – The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products and technology solutions for the digital workplace through an integrated B2B distribution platform, today announced having sold its subsidiary CompuCom Systems to a subsidiary of Variant Equity in a transaction valued at up to $ 305 […]]]>

BOCA RATON, Florida – (COMMERCIAL THREAD) – The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products and technology solutions for the digital workplace through an integrated B2B distribution platform, today announced having sold its subsidiary CompuCom Systems to a subsidiary of Variant Equity in a transaction valued at up to $ 305 million.

“This action represents an important step in continuing to align our business model and resources with our core strategy,” said Anthony Scaglione, CFO of The ODP Corporation. “By strengthening our primary focus and leveraging our B2B assets and our digital commerce platform, we are in an excellent position to maximize returns for our shareholders. ”

Consideration for the transaction of up to $ 305 million consists of a combination of cash, an interest-bearing promissory note and a potential earn-out. The company’s board of directors continues to assess its future capital allocation plans and use of the proceeds, and today announced that it is authorizing a $ 200 million increase in its repurchase plan. ‘existing shares of $ 450 million to $ 650 million. The Company continues to implement its previously announced $ 150 million Accelerated Share Buy-Back Plan (ASR), which, combined with previous purchases, will result in the return of over $ 300 million of capital to shareholders in 2021. The Company will review the pace and method of the ASR share buyback plan, which is expected in the first half of 2022. With the increased authorization, the Company will have approximately $ 342 million available for buybacks. additional actions until June 30, 2022 after the completion of the ASR plan. The share buyback program can be modified, extended, suspended or interrupted at any time.

“CompuCom has a long history of providing excellent technology support and services to its large, blue-chip customer base,” said Farhaad Wadia, Managing Partner of Variant Equity. “We are thrilled with this opportunity to partner with the CompuCom team and build on the company’s rich history of innovation. ”

“We are delighted to take this important step for our future and the increase in our share buyback authorization. We look forward to providing further details on our year-end earnings conference call, ”added Scaglione.

Goldman Sachs & Co. LLC acted as exclusive financial advisor to ODP, and Simpson Thacher & Bartlett LLP acted as advisor to ODP in this transaction.

About ODP Company

The ODP Corporation (NASDAQ: ODP) is a leading provider of business services and supplies, digital workplace technology products and solutions to small, midsize, and businesses, through an enterprise integrated distribution platform to business (B2B), which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, an online presence and approximately 1,100 stores. Through its Office Depot®, OfficeMax® and Grand & Toy® banners, as well as others, the Company provides its customers with the tools and resources they need to focus on their passion to start, grow and manage their business. business. For more information visit news.theodpcorp.com and investor.theodpcorp.com.

About the equity of variants

Founded in 2017, Variant Equity is a Los Angeles-based private equity firm that makes controlling investments in business divestitures and transactions of similar operational intensity across a range of industries, including transportation and logistics. , technology and business services. The company’s investment approach focuses on companies that it believes are best suited to reach their full potential as stand-alone businesses through the deployment of Variant’s operations and technology resources. For more information, please visit www.variantequity.com.

The ODP Corporation and Office Depot are trademarks of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. CompuCom is a trademark of CompuCom Systems, Inc. Grand & Toy is a trademark of Grand & Toy, LLC in Canada. © 2021 Office Depot, LLC. All rights reserved. All other product or company names mentioned in this document are trademarks of their respective owners.

FORWARD-LOOKING STATEMENTS

This communication may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements or disclosures may discuss objectives, intentions and expectations regarding trends, plans, events, results of operations, cash flows or future financial situation. , the potential impacts on our business due to the unknown severity and duration of the COVID-19 pandemic, or indicate other information relating, among others, to the Company, based on current beliefs and assumptions made by , and information currently available for, management. Forward-looking statements will generally be accompanied by words such as “anticipate”, “believe”, “plan”, “could”, “estimate”, “expect”, “foresee”, “direction”, “prospect”, ” intend “,” may “,” possible “,” potential “,” predict “,” project “,” propose “or other similar words, phrases or expressions, or other variations of these words. These forward-looking statements are subject to various risks and uncertainties, many of which are beyond the control of the Company. There can be no assurance that the Company will achieve these expectations or that these beliefs will prove to be correct, and therefore, investors and stakeholders should not place undue reliance on such statements.

Factors that could cause actual results to differ materially from those of forward-looking statements include, among others, the highly competitive market for office products and the inability to differentiate the Company from other resellers of office supplies or to respond to declining general sales of office supplies or changing consumer demands; competitive pressures on the Company’s sales and pricing; the negative effects of an unsolicited takeover bid on our business, results of operations or financial condition; the risk that the Company will not be able to transform the business into a service-oriented B2B platform that such a strategy does not yield the expected benefits; the risk that the Company will not be able to achieve its strategic plans, including the proposed separation of its consumer activities, and the high costs associated with these transactions may not be recovered if these transactions are not completed; the risk that the Company may not be able to realize the anticipated benefits of acquisitions due to unforeseen liabilities, capital expenditures, expenses, future indebtedness and the unforeseen loss of key customers or the inability to realize expected revenues, synergies, cost savings or financial performance; the risk that the Company will not be able to successfully maintain a relevant omnichannel experience for its customers; the risk that the Company will not be able to execute the Maximize B2B restructuring plan successfully or that such plan will not yield the expected benefits; the inability to effectively manage the Company’s real estate portfolio; loss of business with government entities, purchasing consortia, and sole-source or limited-source distribution agreements; the inability to attract and retain qualified personnel, including employees in stores, service centers, distribution centers, field and corporate offices and senior management, and the inability to maintain the ‘supply of skills and resources in balance with customer demand; failure to execute effective advertising efforts and to maintain the Company’s reputation and brand at a high standard; disruptions to computer systems, including the provision of technological services; violation of computer systems affecting reputation, relationships and operations with business partners and customers and resulting in high costs and loss of revenue; unforeseen slowdowns in business relationships with customers or conditions with suppliers, third party vendors and business partners; disruption of global sourcing activities, evolving foreign trade policy (including tariffs imposed on some products manufactured abroad); Office Depot branded products are subject to additional product, supply chain and legal risks; concerns about the safety and quality of manufacturers’ branded products and services and Office Depot’s private label products; covenants on the credit facility; general disruption of credit markets; the appearance of significant depreciation charges; retained responsibility for the liabilities of acquired companies; fluctuation in quarterly operating results due to the seasonality of the Company’s activities; changes in tax laws in the jurisdictions in which the Company operates; wage and benefit cost increases and changes in labor regulations; changes in the regulatory environment, legal compliance risks, and violations of the US Foreign Corrupt Practices Act and other global anti-corruption laws; the volatility of the price of the Company’s common shares; changes or elimination of the payment of cash dividends on the Company’s ordinary shares; macroeconomic conditions such as future declines in business or consumer spending; increases in the prices of fuel and other commodities and the cost of materials, energy and other production costs, or unforeseen costs that cannot be recouped in product pricing; unforeseen claims, charges, litigation, dispute resolution or settlement costs; catastrophic events, including the impact of weather events on the business of the Company; discouragement of legal actions by shareholders against the Company and its directors and officers due to the exclusive forum selection of the Court of Chancery, the Federal District Court for the District of Delaware or other state courts of Delaware by the Company as the sole and exclusive forum for such proceedings; and the impact of the COVID-19 pandemic on the Company’s business, including demand for its products and services and those of our customers, on trade and transportation restrictions and generally on our ability to manage effectively the impacts of the COVID-19 pandemic on our business operations. The foregoing list of factors is not exhaustive. Investors and shareholders should carefully consider the above factors and other risks and uncertainties described in the Company’s annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed with the US Securities and Exchange. Commission. The Company assumes no obligation to update or revise any forward-looking statement.


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Bracewell elects Daniel Connolly and Bryan Dumesnil to company board https://selagylaw.com/bracewell-elects-daniel-connolly-and-bryan-dumesnil-to-company-board/ Wed, 29 Dec 2021 15:51:00 +0000 https://selagylaw.com/bracewell-elects-daniel-connolly-and-bryan-dumesnil-to-company-board/ Daniel S. Connolly – Connolly, who is the managing partner of Bracewell’s New York office, will serve a third term on the executive committee. A trial and appeals lawyer with experience that includes senior positions in the Office of the Manhattan district attorney and the New York Mayor‘s Office, Connolly represents clients from various industries […]]]>

Daniel S. Connolly – Connolly, who is the managing partner of Bracewell’s New York office, will serve a third term on the executive committee. A trial and appeals lawyer with experience that includes senior positions in the Office of the Manhattan district attorney and the New York Mayor‘s Office, Connolly represents clients from various industries such as banking and pharmaceuticals in a wide range of white-collar defense and regulatory compliance investigations, as well as class actions and complex commercial litigation. He was named the 2021 Northeast Pioneer by American lawyer and a New York Trailblazer 2020 by New York Law Journal. Connolly graduated with honors from Hamilton College and cum laude graduated from American University Law School.

Bryan S. Dumesnil – Dumesnil is a litigation partner at Bracewell’s Houston office and chairman of the firm’s financial institutions litigation practice. He also sits on the partners’ evaluation committee. Dumesnil represents commercial clients in various civil litigation, including contractual litigation, commercial tort, energy related litigation, and securities and derivative litigation. He also represents financial institutions and clients in the financial services industry in complex litigation, such as consumer class actions, priority litigation, syndication and participation agreements, investment fraud claims and Ponzi schemes and the liability claims of traditional lenders. In 2021, Dumesnil was ranked among the leading lawyers by America’s best avocados. He is a magna cum laude graduated from Texas A&M University and Baylor Law School.

About Bracewell LLP

Bracewell is a leading law and government relations firm serving primarily the energy, infrastructure, finance and technology industries around the world. Our industry focus translates into comprehensive and cutting-edge knowledge of the business, legal and government challenges our clients face and enables us to provide innovative solutions to facilitate transactions and resolve disputes.

SOURCE Bracewell LLP


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5 Best Corporate Lawyer in Milwaukee, WI https://selagylaw.com/5-best-corporate-lawyer-in-milwaukee-wi/ Sun, 26 Dec 2021 05:03:15 +0000 https://selagylaw.com/5-best-corporate-lawyer-in-milwaukee-wi/ Below is a list of the best and leading corporate lawyers in Milwaukee. To help you find the best business lawyer located near you in Milwaukee, we’ve put together our own list based on this list of valuation points. Best Corporate Lawyer in Milwaukee: Top Rated Business Lawyers in Milwaukee, WI are: Husch Blackwell LLP […]]]>

Below is a list of the best and leading corporate lawyers in Milwaukee. To help you find the best business lawyer located near you in Milwaukee, we’ve put together our own list based on this list of valuation points.

Best Corporate Lawyer in Milwaukee:

Top Rated Business Lawyers in Milwaukee, WI are:

  • Husch Blackwell LLP – have created their firm on a single concept: supporting their clients
  • Godfrey & Kahn, South Carolina – focus on the success of their customers, trust each other
  • Reinhart Boerner Van Deuren – committed lawyers take the time to listen seriously
  • Goldstein Law Group, SC – serve as trusted advisors to new, growing and established businesses
  • Von Briesen & Roper, South Carolina – merge their cutting-edge expertise with innovative technology

Husch Blackwell LLPBusiness lawyer in Milwaukee

Husch Blackwell LLP teams up across all practice areas to provide in-depth solutions to the most complex business challenges. They bring together the best lawyers and go beyond the law to include experienced professionals in the sector. This technique gives their clients a greater perspective and guarantees cutting-edge results.

They created their law firm on one concept: to guide their clients from where they are to where they want to be. Their industry-centric procedure gives them in-depth knowledge of what their clients face every day. But in addition, she creates a shared vision that moves her clients forward.

Products:

Corporate law, banking and finance, intellectual property, employee benefits and executive compensation, etc.

SITE:

Address: 511 N Broadway, Milwaukee, WI 53202
Call: (414) 273-2100
Website: www.huschblackwell.com

COMMENTS:

“I don’t care what you know until I know how much you care. The Husch Blackwell team is just that, a team of very intelligent people who care about their customers and provide win-win solutions to problems while putting the customer first. I am extremely satisfied with every interaction I have with Dan, Lydia and their staff. If you’ve tried the rest, it might be time to try the best. – Bruce H.

Godfrey & Kahn, South CarolinaBest Corporate Lawyer in Milwaukee

Godfrey & Kahn, South Carolina to offer a high level of service and innovative legal solutions to its clients. For 60 years, their lawyers and staff have been guided by five core values ​​originally defined by their founders: a focus on the success of their clients, trust in each other and in their clients, a strong work culture. a team that helps them achieve more together, a work ethic for doing whatever is possible, and an integrity that keeps them focused on the right thing to do for their customers, employees and communities.

Their business was founded on a simple idea: to judge their success by the success of their customers. They help clients by first understanding their business and needs, then offering strategic legal advice and practical, intelligent solutions to factual problems. Their lawyers are quick to work together in the interests of clients’ success and to meet their needs.

Products:

Corporate law, corporate governance, commercial financing, financial services litigation, etc.

SITE:

Address: 833 E Michigan St, Milwaukee, WI 53202
Call: (414) 273-3500
Website: www.gklaw.com

COMMENTS:

“Best Lawyers in Milwaukee” – Margaret.

Reinhart Boerner Van DeurenMilwaukee Business Lawyer

Reinhart Boerner Van Deuren distinguishes that any relationship of trust arises from understanding. Because of this, each of their dedicated attorneys takes the time to seriously listen, learn the unique attributes of each client’s business, and work together to lay the foundation for success that goes beyond delivering. legal services. In these circumstances, they draw on an extraordinarily large base of experienced lawyers and in-depth knowledge of the industries and sectors they serve. This blend of active understanding based on an informed perspective enables their lawyers to provide uniquely creative, yet effective legal advice.

By consistently providing their clients with cost-effective and innovative legal advice, they have established themselves as trusted advisors in many areas of corporate law. Their standards of client service, supported by all lawyers and staff, affirm their commitment to putting the needs of their clients first and striving for excellence in everything they do.

Products:

Banking & Finance, Corporate Law, Litigation, & More

SITE:

Address: 1000 N Water St # 1700, Milwaukee, WI 53202
Call: (414) 298-1000
Website: www.reinhartlaw.com

COMMENTS:

“Highly qualified lawyers. It’s great to work with. – Jean B.

Goldstein Law Group, SCGood corporate lawyer in Milwaukee

Goldstein Law Group, SC is a Wisconsin-based law firm that serves as an outside advisor to business owners and management on labor and employment law, corporate matters, and commercial and commercial litigation. They advise and represent businesses in Wisconsin, Illinois and beyond.

They serve as trusted advisors to new, growing and established businesses. Their clients value their thoughtful, practical and creative advice, as well as the wisdom of an enterprising technique. They specialize in labor and employment law, corporate law, business and commercial litigation and workplace solutions.

Products:

Labor law, Company law

SITE:

Address: 161 S 1st St Suite 400, Milwaukee, WI 53204
Call: (414) 446-8800
Website: www.goldsteinsc.com

COMMENTS:

“Mark, Corey and the rest of his team are great. My experience with them has been great and they are top notch professionals in this law firm overall. – Joe M.

Von Briesen & Roper, South CarolinaOne of the best corporate attorneys in Milwaukee

Von Briesen & Roper, South Carolina is not your traditional law firm. They transform the traditional law firm into a modern platform for legal innovation. They merge their cutting-edge expertise with innovative technology and a creative problem-solving process to generate breakthrough benefits for their clients.

Their practice is global, national, regional and local, and they are constantly chosen by industry leaders for their most important and complex legal questions, while helping growing businesses, startups and entrepreneurs respond. to their legal requirements. Neither “Big Law” nor “Small Firm” fits the niche sought by complex consumers of legal services.

Products:

Business and corporate law, Banking and commercial financing, Commercial and business litigation, etc.

SITE:

Address: 411 E Wisconsin Ave UNIT 1000, Milwaukee, WI 53202
Call: (414) 276-1122
Website: www.vonbriesen.com

COMMENTS:

“Von Briesen is one of the top ranked law firms for all types of business and corporate law needs, they come highly recommended. “- Reg J.


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Standard Lithium signs letter of intent with Koch https://selagylaw.com/standard-lithium-signs-letter-of-intent-with-koch/ Wed, 15 Dec 2021 08:03:15 +0000 https://selagylaw.com/standard-lithium-signs-letter-of-intent-with-koch/ VANCOUVER, British Columbia, December 15, 2021 (GLOBE NEWSWIRE) – Standard Lithium Ltée (“Standard lithium“or the”Society“) (TSXV: SLI) (NYSE: SLI) (FRA: S5L), a lithium project and innovative technology development company today announced that it has signed a letter of intent (“Letter of Intent”) With Koch Engineered Solutions (“KES”) for the support of the pre-frontal engineering design […]]]>

VANCOUVER, British Columbia, December 15, 2021 (GLOBE NEWSWIRE) – Standard Lithium Ltée (“Standard lithium“or the”Society“) (TSXV: SLI) (NYSE: SLI) (FRA: S5L), a lithium project and innovative technology development company today announced that it has signed a letter of intent (“Letter of Intent”) With Koch Engineered Solutions (“KES”) for the support of the pre-frontal engineering design (“Pre-FEED”) at the Company’s first proposed commercial plant, located at the Lanxess facility in southern Arkansas.

The intention of the LOI is to organize and use multiple business units under the umbrella of KES to form an integrated project management team (“IPMT”) which will help Standard Lithium perform key pre-FEED work. The IPMT will draw heavily on the strategically aligned resources of Koch Project Solutions (“KPS”), Koch separation solutions (“KSS”) and optimized process designs (“OPD”). The IPMT will be structured to help the company evaluate process extension solutions, equipment options, preliminary engineering design, planning, budgeting and other project management activities relating to the first commercial plant. of lithium proposed at the Lanxess facility in southern Arkansas. The proposed site for the first commercial facility is currently home to the Company’s pre-commercial direct lithium mining (“DLE”) Demonstration plant.

Standard Lithium President and COO Dr. Andy Robinson commented, “The company is going through a period of transformational growth and we need to strengthen our team in order to move quickly and efficiently to the first commercial plant. The cutting-edge, world-class resources that KES companies bring are vital for us to build the strongest possible project execution team..

“KES is focused on accelerating the growth of energy transformation by keeping an eye on the rapidly growing renewable energy market. Our collaboration with Standard Lithium illustrates KES’s commitment to working with our partners to provide the best processing equipment, engineering, procurement and construction services. We are excited to help grow the battery value chain and look forward to working with Standard Lithium on this historic project, ”said Dan Haycook, Commercial Director of Koch Engineered Solutions.

About Standard Lithium Ltd.

Standard Lithium is an innovative lithium and technology development company. The Company’s flagship project is located in southern Arkansas, where it is engaged in testing and demonstrating the commercial viability of mining lithium from more than 150,000 acres of licensed brine operations. . The Company has commissioned its first industrial-scale direct lithium mining demonstration plant at the South Lanxess plant in southern Arkansas. The demonstration plant uses the company’s proprietary LiSTR technology to selectively extract lithium from Lanxess residual brine. The demonstration plant is used for proof of concept and commercial feasibility studies. The scalable and environmentally friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours, and dramatically increases efficient lithium recovery. The Company also continues to develop the resources of more than 30,000 acres of separate brine leases located in Southwest Arkansas, referred to as the South West Arkansas Lithium Project, and approximately 45,000 acres of mining leases located in the Mojave Desert, San Bernardino County, California.

Standard Lithium is jointly listed on the TSX Venture Exchange and the US Stock Exchange NYSE under the symbol “SLI”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the company’s website at https: //www.standardlithium.com.

On behalf of the Board of Directors of Standard Lithium Ltd.
Robert Mintak, CEO and Director

About Koch Engineering Solutions

Koch Engineered Solutions (KES) provides superior value in the development, integration and application of innovative technical and service solutions for industrial value chains. KES offers unique engineering solutions in the construction industry; mass and heat transfer; combustion and emission control; filtration; separation; material applications; automation and actuation. Based in Wichita, Kansas, KES is a subsidiary of Koch Industries, one of the largest privately held companies in the world. More information is available at KochEngineeredSolutions.com.

For more information contact

Contact:
LHA Investor Relations
David Barnard
+1 415-433-3777
standardlithium@lhai.com
info@standardlithium.com
Twitter: @standardlithium
LinkedIn: https://www.linkedin.com/company/standard-lithium/

Koch Industries
Christin Fernandez, Director of Communications
Christin.Fernandez@kochps.com
202-879-8546

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this press release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “foresee”, “plan plan,, identify forward-looking statements or information. Such forward-looking statements or information may relate to the future plans and objectives of the Company, including, without limitation, the pursuit and / or realization of any strategic opportunity, the formation and development of the IPMT, future awards raw materials, the accuracy of or exploration activity for resources, reserves or resources, the accuracy of preliminary economic assessments, including net present value, internal rate of return, investment costs and operation, life of mine production, progress of the project including a pre-feasibility study, government requirements or approvals, reliability of third party information, continued access to mining properties or infrastructure , fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulations in Canada and the United States, and other factors. rs or information. Such statements represent the Company’s current views with respect to future events and are necessarily based on a number of assumptions and estimates which, although considered reasonable by the Company, are inherently subject to risk. business, economic, competitive, political and social, contingencies and uncertainties. Many factors, known and unknown, could cause any results, performance or achievement to differ materially from the results, performance or achievements which are or may be expressed or implied by these forward-looking statements. The Company does not intend, and assumes no obligation, to update such forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other event affecting such statements and information other than those required by laws, rules and regulations.


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Citi Private Bank Law Firm Group and Hildebrandt Consulting Issue 2022 Citi Hildebrandt Client Advisory | Business https://selagylaw.com/citi-private-bank-law-firm-group-and-hildebrandt-consulting-issue-2022-citi-hildebrandt-client-advisory-business/ Thu, 09 Dec 2021 12:02:40 +0000 https://selagylaw.com/citi-private-bank-law-firm-group-and-hildebrandt-consulting-issue-2022-citi-hildebrandt-client-advisory-business/ NEW YORK – (BUSINESS WIRE) – December 9, 2021– Citi Private Bank Law Firm Group and Hildebrandt Consulting today published their Customer advice 2022 Citi Hildebrandt, which sets out the broad landscape of the law firm industry, how firms respond to industry, economic and market challenges, including advancements in the fight against the Covid-19 pandemic, […]]]>

NEW YORK – (BUSINESS WIRE) – December 9, 2021–

Citi Private Bank Law Firm Group and Hildebrandt Consulting today published their Customer advice 2022 Citi Hildebrandt, which sets out the broad landscape of the law firm industry, how firms respond to industry, economic and market challenges, including advancements in the fight against the Covid-19 pandemic, and their best growth opportunities for the coming year.

After a better-than-expected year 2020, the Client Council notes that law firms in all segments of the industry have experienced strong growth this year. Average revenue growth is expected to be 14.7% over the same period of 2020, easily absorbing spending increases heavily driven by compensation pressure from an acute war for talent. However, a late return to the office kept anticipated levels of operating expense growth down. Looking to 2022, high demand levels are expected to continue, but with some moderation in growth levels compared to this year. The practice areas where we anticipate the most growth opportunities are Corporate / Mergers & Acquisitions, Litigation & Regulations / Investigations / Compliance, Finance & Capital Markets, and Fund / Investment Management.

To date, the pressure on compensation spending caused by the talent war has resulted in a 14% increase in compensation spending and is the main driver of the 8% total spending growth seen since the start of the year. . This pressure was caused by the demand for law firm services outstripping the supply of lawyers, creating an acute war for talent. At the same time, the delay in returning to the office led to more moderate growth in operating expenses than anticipated, up just 3% over the first nine months. In 2022, accelerated spending growth is expected as businesses return to the office in one form or another and there is a gradual return to travel and business development spending, as well as an increase in infrastructure spending.

“We are optimistic about 2022, but there are challenges ahead, including how to successfully implement a hybrid model and win the war for talent. In addition, as we return to a more normal environment, we will likely see a moderation in earnings growth compared to 2021. We also expect dispersion to return, which will likely fuel further consolidation ”, said Gretta Rusanow, Head of Advisory Services for the Citi Private Bank Group of Law Firms. “We also expect increased spending pressure in 2022, with increased operating expenses returning as businesses adapt to new work environments. This will make the continued focus on operational efficiency a key priority. “

With the increased distribution of vaccines against the backdrop of the spread of the Delta variant and other mutations, the most immediate challenge or opportunity is the gradual return to power and the need to get it right. Most companies have plans in place for at least a partial return in the fourth quarter, with three days being the most common hybrid approach. The challenge for management is to focus on building a strong culture, regardless of which hybrid model they choose, while also considering the effects of burnout, increased desire for a healthy work / life balance and professional aspirations.

“Ever since we started publishing the Citi Hildebrandt Client Advisory 15 years ago, we have always taken the position that the law firm industry is a very prosperous and stable industry” said Brad Hildebrandt, president of Hildebrandt Consulting. “We have seen this continue to happen over the past two years, with law firms demonstrating their ability to adapt to the global pandemic at almost lightning speed, while delivering such strong record performances.”

This year’s Client Council also shines a light on Diversity, Equity and Inclusion (DCI) efforts among a group of leading law firms. The Law Firm Group has asked firms to report on levels of gender, race and ethnicity in 2017 and 2020 to identify any changes that have occurred since DCI reports became more prevalent in the industry. law firms. Although the study found an increase in racial and gender diversity in large companies, they also noted that the main challenge they face is minority retention.

Our analyzes and projections are based on data collected from a sample of predominantly US-based law firms by Citi Private Bank, as well as conversations with law firm executives. For third-party legal service providers, most of our information is anecdotal. Sources include the “Citi Annual Survey Database” of 213 US and UK based companies, including 43 Am Law 1-50 companies, 40 Am Law 51-100 companies, 52 Am Law Second Hundred companies and 78 other companies; 173 Citi Flash Survey firms, including 41 Am Law 1-50 firms, 34 Am Law 51-100 firms, 46 Am Law Second Hundred firms and 52 additional firms; the Citi Law Firm Leaders Survey of 56 large law firms headquartered in the United States, United Kingdom, China and India; and the Law Firm Leaders Confidence Index, which reports the forward-looking opinions of law firm executives from 129 firms.

The full report is available on the Citi Private Bank website here.

About Citi Private Bank:

Citi Private Bank is dedicated to serving wealthy and socialite individuals and families, providing personalized private banking services across borders. With total revenues of over $ 600 billion, the franchise serves clients domiciled in more than 100 countries through a network of 50 offices in 18 countries. Citi Private Bank helps clients grow and preserve their wealth, fund their assets, make their cash work harder, protect their assets, preserve their legacy and meet the needs of family and family businesses. The company offers its clients products and services spanning capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aviation finance, artistic consulting and finance, and sports financing.

About Citi:

Citi, the world’s largest bank, has approximately 200 million accounts receivable and operates in more than 160 countries and jurisdictions. Citi provides consumers, businesses, governments and institutions with a wide range of financial products and services, including consumer banking and credit, business and investment banking, securities brokerage, wealth management and transaction services.

Additional information can be found at www.citigroup.com | Twitter: @Citi | Youtube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

About Hildebrandt Consulting:

Hildebrandt Consulting continues its long and distinguished history as a preeminent global consulting firm in the legal profession. With clients in over 15 countries, Hildebrandt has accumulated unparalleled expertise in all aspects of professional business management. Our reputation for helping companies find strategic solutions comes from our knowledge of the interrelated elements that contribute to the overall performance of the company.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211209005167/en/

CONTACT: Media:

Gabriel Morales

gabriel.morales@citi.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL LEGAL SERVICES

SOURCE: Citi

Copyright Business Wire 2021.

PUB: 12/09/2021 07: 00 / DISC: 12/09/2021 07:02

http://www.businesswire.com/news/home/20211209005167/en



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Law firms focus on IPOs https://selagylaw.com/law-firms-focus-on-ipos/ Tue, 07 Dec 2021 12:05:31 +0000 https://selagylaw.com/law-firms-focus-on-ipos/ Almost a third of companies are “actively considering” an IPO Only six law firms have registered so far In 2011, law firms were granted permission to be listed on the stock exchange, in a radical relaxation of property rules. Ten years later, only a handful have taken the plunge. Things could be about to change, […]]]>
  • Almost a third of companies are “actively considering” an IPO
  • Only six law firms have registered so far

In 2011, law firms were granted permission to be listed on the stock exchange, in a radical relaxation of property rules. Ten years later, only a handful have taken the plunge. Things could be about to change, however, as a host of seasoned lawyers reveal they are considering an Initial Public Offering (IPO).

More than 200 partners from firms with 50 or more lawyers participated in a survey commissioned by private funder Harbor Litigation Funding. Of these, 31% of partners said their companies were “actively considering” a stock exchange listing, while half said the pandemic had presented new opportunities for growth.

Financial analysts have spotted a similar trend. Robert Plant of Panmure Gordon said IPOs are increasingly attractive because they can improve the profiles of companies with clients and rookies, in addition to the likely injection of liquidity.

“This can generate income for larger investments, especially in areas such as technology, and to expand into areas outside of traditional legal work such as corporate finance,” he said. declared.

Plant concluded that the law firms on the list could gain a first-come advantage and help consolidate a “traditional, fragmented industry.”

What is in is it for investors?

It may not be a good idea to lump listed law firms into one pile. They adopted a variety of business models and in most cases sought to distance themselves from traditional legal practices. However, as a whole, they have weathered the pandemic fairly well.

While stocks took a serious hit in early 2020 as the market flocked to proven stocks, they have since rebounded strongly. Turnover to Keystone law (KEYS,) for example, which has a decentralized model where all of its lawyers keep 75 percent of their billings, jumped almost two-fifths in its last semester, and Gateley The share price (GTLY) is up from pre-pandemic levels. Both companies’ stock prices are now double or nearly double the March 2020 low.

Their success has been matched – if not eclipsed – by their unlisted peers at City, many of whom celebrated double-digit profit growth and record earnings this summer. Exceptionally high levels of merger and acquisition (M&A) activity and prudent cost-saving measures have shielded companies from downturns elsewhere and partners in London have received salaries of well over £ 1million sterling.

The large firms therefore seem well placed to list them. Legal services are booming and have proven to be more than resilient in times of crisis. But it is worth dwelling a little longer on these partner salaries. Most law firms are still run as limited liability companies (LLPs) under which partners receive a share of the profits from the practice, as opposed to a fixed salary.

Partnerships and public procurement do not mix. Will overworked notaries really want to share their loot with shareholders? And what if they resist?

Mishcon de Reya, who is set to float into the main market, has lost several senior lawyers in recent months, including six associates specializing in white-collar crime. In a small-cap industry where value is closely tied to people, departures are worth watching.

On the other side of the coin, shareholders should look for measures to appease partners, such as big bonuses that outside investors won’t get a taste of. Indeed, this is one of the potential pitfalls of investing in people-based businesses.

Avocados, unlike wood, clothing, or animal feed, can leave the ship if not treated properly, taking their things with them. Given the current battle for talent among companies in the city, “proper treatment” is likely to mean high pay.

James Knight, managing director of Aim-traded Keystone Law, pointed out another problem with traditional LLPs going public: equity dilution. Firms will have to issue additional inventory “out of necessity, I would have thought, in order to bring in new partners,” Knight said. Over the longer term, investors could therefore see their stocks weaken as companies seek to attract new blood.

Vying forr value

These issues could all be hypothetical, however. Companies may very well be interested in IPOs, but whether they actually realize them is another question, said Nicola Foulston, general manager of the Legal and Professional Services group. RBG Holdings (RBGP).

“The market will not necessarily attribute the value that these law firms think they have,” she said. “In general, the point of view of the partners is that [their firms] are worth more than they are worth. There will be a lot of interest in companies entering the market, but when values ​​stabilize – and the market decides what to pay – some IPOs will not take place.

If Foulston is right, this mismatch could cause many companies to steer clear of public markets and those that do get have a tough race at first. But IPOs are opportunities to develop innovative business models and ambitious expansion plans, and would currently be supported by a healthy legal sector.

Companies are moving further and further away from pure legal services, generating new sources of revenue. Most recently, Mishcon set up £ 150million litigation financing in partnership with a third party funder.

These developments could prove to be exciting for investors – but, given their untested nature, should be approached with legal caution.


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